Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/24328 
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dc.contributor.authorCzarnitzki, Dirken
dc.contributor.authorStadtmann, Georgen
dc.date.accessioned2009-02-16T14:54:21Z-
dc.date.available2009-02-16T14:54:21Z-
dc.date.issued1999-
dc.identifier.urihttp://hdl.handle.net/10419/24328-
dc.description.abstractThis paper analyses the determination of match attendance in the German premier football league by applying models derived from Peel/Thomas (1992) and Janssens/Késenne (1987). Additionally we develop an improved version, where we incorporate the supporter clubs and the weather conditions as explanatory variables. While we consider this problem more or less from the consumer perspective, the information gained though this model can also serve as a management tool for football clubs: The returns are directly related to the number of tickets sold. Furthermore, the funds raised by merchandising and advertising are also closely linked to the attendance figures. Due to the limited capacity of the stadiums, some obsevations on attendance are right censored in our sample. While other authors use the ordinary least squares estimator, which produces inconsistent results when events were sold out, we take this restriction implicitly in consideration by using a Tobit model. In conclusion, we show that reputation and goodwill are more important for attendance levels than the thrill of outcome uncertainty.en
dc.language.isoengen
dc.publisher|aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheimen
dc.relation.ispartofseries|aZEW Discussion Papers |x99-46en
dc.subject.jelD12en
dc.subject.jelC24en
dc.subject.ddc330en
dc.subject.keywordConsumer Demanden
dc.subject.keywordTeam Sportsen
dc.subject.keywordTobit Estimatoren
dc.subject.stwFußballsporten
dc.subject.stwNachfrageen
dc.subject.stwSportökonomiken
dc.subject.stwRisikoen
dc.subject.stwPrestigeen
dc.subject.stwSchätzungen
dc.subject.stwDeutschlanden
dc.titleUncertainty of outcome versus reputation: empirical evidence for the First German Football Division-
dc.typeWorking Paperen
dc.identifier.ppn853790515en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:zewdip:5259en

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